Maxi Taxi Loans

New Maxi Taxi 12% per annum

Loan Details:

  • National ID
  • Valid Driver’s Permit/Taxi Badge
  • Certificate to Acquire a Maxi Taxi (Owner)
  • Permit to operate a Maxi Taxi (Owner/Driver)
  • Contract between Driver and Owner (where applicable)
  • Quotation for vehicle Purchase (Invoice) or Letter of Sale from previous owner
  • Quotation of vehicle insurance (Fully Comprehensive)
  • Vehicle Valuation Report (for used vehicles)
  • Life Insurance of Quotation for Life Insurance
  • Utility Bill
  • Certified Card Copy of ownership on existing vehicle
  • Proof of authorization from Licensing Office to transfer rights
  • Proof of Ownership of existing vehicle to transfer pass to new vehicle
  • Authorization Letter from Licensing Officer to effect the transfer

Required Documents for this loan:

  • 15% of Total Loan Request on Shares
  • Job Letter
  • Most Recent Payslip
  • Two (2) forms of National Identification
  • Utility Bill/Bank Statement
  • Invoice for vehicle/Letter of sale from current owner
  • Quotation for Fully Comprehensive Insurance. Maritime
  • Recent certified copy (No older than 6 months)

Used Maxi Taxi – (4 years) 12.75% per annum

Required Documents for this loan:

  • 20% of Total Loan Request on Shares for members with a good repayment history on previous Maxi Taxi Loans
  • 25% of total loan request on shares for first time applicants
  • Job Letter
  • Most Recent Payslip
  • Two (2) forms of National Identification
  • Utility Bill/Bank Statement
  • Invoice for vehicle/Letter of sale from current owner
  • Quotation for Fully Comprehensive Insurance. Maritime
  • Recent certified copy (No older than 6 months)

Used Maxi Taxi – (4-7 years) 12.75% per annum

  • 40% of the total loan request on shares
  • Job Letter
  • Most Recent Payslip
  • Two (2) forms of National Identification
  • Utility Bill/Bank Statement
  • Invoice for vehicle/Letter of sale from current owner
  • Quotation for Fully Comprehensive Insurance. Maritime
  • Recent certified copy (No older than 6 months)

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